Is It Selling a Tool or a Profit Promise?
Trading tools can be real, but guaranteed returns are not. Check strategy logic, risk disclosure, custody, API permissions, and verifiable performance.
Warning Signs
- The CFTC warns that scammers exploit AI interest to market automated trading and crypto schemes with unreasonable or guaranteed returns.
- Every strategy has market risk, liquidity risk, slippage, fees, and model failure risk.
- Risk increases when funds must be transferred to private wallets or unknown platforms instead of staying in your own account.
How to Evaluate the Product
- Reject guaranteed monthly returns, fixed income, or risk-free arbitrage claims.
- If using API keys, allow trading only and disable withdrawals.
- Keep funds in your own account, not an unknown wallet.
- Test with a small amount and a stop plan.
- Save strategy rules, fee disclosures, risk warnings, and actual trade records.
Common Mistakes
- Looking only at backtest charts without drawdown and failure scenarios.
- Giving withdrawal permission through API keys.
- Increasing leverage after a few profitable weeks.
Related Reading
- Crypto Scam Checklist for Taiwan Investors
- Wrong Network Transfer? ERC-20 vs TRC-20 vs BEP-20 Explained
- Crypto Tax Guide for Taiwan 2026
FAQ
Q: Are grid bots always scams?
A: No. A grid bot is a trading tool, but it does not guarantee profits and can lose money in trending or volatile markets.
Q: Can AI trading be used safely?
A: It can be researched, but you must understand strategy, risk, fees, and custody.
Q: Can I give API keys to a third party?
A: Avoid it. If necessary, disable withdrawal permission and keep the ability to revoke access.
Read Chinese Version: 繁體中文版本